Multiple choice

Which of the following banks is not authorised to do Govt. Business?

  1. ICICI Bank Ltd.

  2. Centurian Bank of Punjab Ltd.

  3. HDFC Bank Ltd.

  4. lDBI Bank Ltd.

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Centurion Bank of Punjab was merged into HDFC Bank and was not among the initial private sector banks authorized by the RBI to conduct government business.